Trumponomics
The Roots of Trump’s Global Trade War with Martin Wolf
Apr 2, 2025
Martin Wolf, Chief Economics Commentator at the Financial Times and CBE awardee, joins the discussion to unpack the roots of Trump's global trade strategies. They explore whether countries targeted by tariffs should have anticipated Trump's moves. Wolf sheds light on how the U.S. trade imbalances are not mere accidents but indicators of deeper economic vulnerabilities. The conversation dives into the potential consequences of tariffs on global market confidence and the risks posed to U.S. economic stability amid shifting policies.
24:44
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Quick takeaways
- The podcast explores how America's trade imbalances stem from systemic policies in surplus countries like Germany and China.
- Martin Wolf emphasizes the need for a shift towards domestic consumption in surplus nations to ensure global economic stability.
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